TOP-C MANAGEMENT
ActiveTOP-C MANAGEMENT has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €730k and a net result of €165k. Equity is growing by ~19% per year across the filed fiscal years. Its solvency ranks better than 46% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+76
Solvency50▲+6
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity short (current ratio 0.37 against 0.22 in 2024; short-term debt: 51.1% and cash: 7.8% of total assets), and 75.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
24.6%
Return on assets
5.6%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
28 d late
2023
on the day
2022
4 d early
2021
1 d early
2020
2 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€730k▲ 29.2%
2024 · €565k
2018: €322k
2019: €412k
2020: €508k
2021: €597k
2022: €909k
2023: €1.01M
2024: €565k
2018 → 2025
Total assets
€2.96M▲ 1.2%
2024 · €2.92M
2018: €2.44M
2019: €2.36M
2020: €2.42M
2021: €2.42M
2022: €2.88M
2023: €2.98M
2024: €2.92M
2018 → 2025
Net result
€165k
2024 · €-450k
2018: €35k
2019: €90k
2020: €96k
2021: €89k
2022: €312k
2023: €106k
2024: €-450k
2018 → 2025
Working capital
€-950k▲ 24.8%
2024 · €-1.26M
2018: €-913k
2019: €-913k
2020: €-867k
2021: €-843k
2022: €-983k
2023: €-883k
2024: €-1.26M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€597k-€909k▲ 52.2%€1.01M▲ 11.7%€565k▼ 44.3%€730k▲ 29.2%
Operating result€154k-€227k▲ 47.8%€180k▼ 20.9%€-901k€214k
Net result€89k-€312k▲ 250%€106k▼ 65.9%€-450k€165k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €214k after a loss of €901k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.96M
Fixed assets
€2.40M▼ 6.7%
Current assets
€562k▲ 58.7%
Equity and liabilities €2.96M
Equity
€730k▲ 29.2%
Provisions
€0▼ 100%
Debt
€2.23M▼ 4.3%
The debt ratio falls from 79.7% to 75.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€292k▲
2024 · €-811k
Cash flow
€243k▲
2024 · €-360k
Solvency
24.6%▲
2024 · 19.3%
Current ratio
0.37▲
2024 · 0.22
Quick ratio
0.37▲
2024 · 0.22
Debt / equity
3.06▼
2024 · 4.13
ROE
22.6%▲
2024 · -79.7%
ROA
5.6%▲
2024 · -15.4%
Interest coverage
7.27▲
2024 · -19.36
Debt
€2.23M▼
2024 · €2.33M
Debt ≤ 1 year
€1.51M▼
2024 · €1.62M
Debt > 1 year
€720k▲
2024 · €714k
Income taxes
€9k▲
2024 · €254
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.92M€2.96M▲
Fixed assets21/28€2.57M€2.40M▼
Tangible fixed assets22/27€2.44M€2.27M▼
Land and buildings22€2.43M€2.26M▼
Furniture and vehicles24€9k€13k▲
Financial fixed assets28€130k€130k=
Current assets29/58€354k€562k▲
Amounts receivable within one year40/41€201k€207k▲
Trade receivables40€108k€104k▼
Other amounts receivable41€93k€104k▲
Cash at bank and in hand54/58€3k€232k▲
Deferred charges and accrued income490/1€150k€123k▼
Equity and liabilities
Total equity and liabilities10/49€2.92M€2.96M▲
Equity10/15€565k€730k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Revaluation surpluses12€352k€352k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€144k€309k▲
Provisions and deferred taxes16€29k-
Provisions for liabilities and charges160/5€29k-
Major repairs and maintenance162€29k-
Amounts payable17/49€2.33M€2.23M▼
Amounts payable after more than one year17€714k€720k▲
Financial debts170/4€714k€720k▲
Amounts payable within one year42/48€1.62M€1.51M▼
Current portion of amounts payable after more than one year42€147k€172k▲
Financial debts43€143k€121k▼
Other loans439€143k€121k▼
Trade debts44€171k€27k▼
Suppliers440/4€171k€27k▼
Taxes, remuneration and social security45€148k€143k▼
Taxes450/3€10k€10k▲
Remuneration and social security454/9€139k€133k▼
Other amounts payable47/48€1.01M€1.05M▲
Accrued charges and deferred income492/3€527-
Income statement
Code20242025
Non-recurring operating income76A-€11k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€90k€78k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8-€-29k
Other operating charges640/8€197k€65k▼
Gross operating margin9900€-615k€327k▲
Operating profit (loss)9901€-901k€214k▲
Financial income75/76B€493k€225▼
Recurring financial income75€493k€225▼
Financial charges65/66B€42k€40k▼
Recurring financial charges65€42k€40k▼
Profit (loss) for the period before taxes9903€-450k€174k▲
Income taxes67/77€254€9k▲
Profit (loss) for the period9904€-450k€165k▲
Profit (loss) for the period to be appropriated9905€-450k€165k▲
Appropriation of the result
Profit (loss) to be appropriated9906€144k€309k▲
Profit (loss) brought forward from the previous period14P€594k€144k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €165k
Net result €165k after one loss-making year.
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
30-09
Financial
Weakest financial yearnet €-450k ▼524%
Net result drops to €-450k, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Equity above €1MEq €1.01M ▲11.7%
6 profitable years in a row build equity to €1.01M.
26-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Highest result since 2018net €312k ▲250%
Operating result €227k, net result €312k, both a record.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Equity above €500kEq €508k ▲23.4%
3 profitable years in a row build equity to €508k.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
23-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Leuven · 1 establishment unit since 2001
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Geldenaaksebaan 1473001 LeuvenGround area
147 m²
Building footprint
147 m²
Volume, LiDAR
1,256 m³
Parcel 24433E0139/00A008, Flanders · tallest building 13.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Geldenaaksebaan 147, 3001 Leuven
since 20012.093.194.177
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24433E0139/00A008 | Flanders | 147 m² | 1 · 147 m² | 13.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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ADVIES KONSTRUKTIE EN BEHEER
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Damah
BE 0733.788.469
Oudsbergen · Eq €729k
HOEBEN BOUWPROJECTEN
BE 0475.537.550
Bocholt · Eq €730k
VOSSELAARS BOUWBEDRIJF
BE 0807.628.334
Herentals · Eq €729k
Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 4,317 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded05-04-2001
Fiscal year end30-09
Activities, NACEBEL
68121Development of residential building projects
70111
68203Renting and operating of own or leased non-residential real estate, excluding land
68310Real estate agency activities
68311Real estate activities
70203
70311
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.